Magnificent gulf access lot, perfectly positioned on Watermelon Canal in the highly desirable part of NW Cape Coral. You'll be captivated by the tranquil views and the peaceful atmosphere. Strategically located just east of Old Burnt Store Rd, this lot places you minutes away from the open Gulf waters. With brand new homes being built this area is highly sought after (house adjacent to this lot sold in 2021 for $1.2M!). The upcoming 7 Islands development elevates this opportunity, promising a host of new amenities including fine dining, shopping, and recreational activities. This addition will not only enhance your lifestyle but also add value to your investment. Build your dream home here (we can recommend builders). Property listing co-listed with Barclay’s Real Estate Group, Cape Coral
718 NW 38 pl, Cape Coral, FL, 33993
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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